REGISTERED NUMBER: 09595822 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 March 2026

for

J2 Hardware Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J R Trowell

J C Pritchard

REGISTERED OFFICE:

Unit 7

Raglan Business Park

Raglan Street

Halifax

West Yorkshire

HX1 5QZ

REGISTERED NUMBER:

09595822 (England and Wales)

ACCOUNTANTS:

Equate Limited

Chartered Certified Accountants

The Hive Wakefield

142 Thornes Lane

Wakefield

West Yorkshire

WF2 7RE

FIXED ASSETS

Tangible assets

4

1,739

1,319

CURRENT ASSETS

Stocks

5

54,266

74,388

Debtors

6

135,798

147,436

190,064

221,824

CREDITORS

Amounts falling due within one year

7

151,975

160,139

NET CURRENT ASSETS

38,089

61,685

TOTAL ASSETS LESS CURRENT LIABILITIES

39,828

63,004

CREDITORS

Amounts falling due after more than one year

8

(36,327

)

(61,274

)

PROVISIONS FOR LIABILITIES

(330

)

(250

)

NET ASSETS

3,171

1,480

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

3,169

1,478

SHAREHOLDERS' FUNDS

3,171

1,480

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2026 and were signed on its behalf by:

J R Trowell - Director

1.	STATUTORY INFORMATION

J2 Hardware Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

2,780

3,036

3,406

9,222

Additions

1,000

-

-

1,000

At 31 March 2026

3,780

3,036

3,406

10,222

DEPRECIATION

At 1 April 2025

2,081

2,417

3,405

7,903

Charge for year

425

155

-

580

At 31 March 2026

2,506

2,572

3,405

8,483

NET BOOK VALUE

At 31 March 2026

1,274

464

1

1,739

At 31 March 2025

699

619

1

1,319

5.

STOCKS

31.3.26

31.3.25

£

£

Stocks

54,266

74,388

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

74,580

72,994

Other debtors

58,940

61,340

Directors' current accounts

-

10,914

Prepayments and accrued income

2,278

2,188

135,798

147,436

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

77,385

92,520

Trade creditors

25,671

22,326

Tax

15,850

2,377

Social security and other taxes

(270

)

(270

)

VAT

11,651

18,587

Other creditors

13,893

22,848

Directors' current accounts

6,045

1

Accruals and deferred income

1,750

1,750

151,975

160,139

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans - 1-2 years

26,501

24,836

Bank loans - 2-5 years

9,826

35,813

Bank loans more 5 yr by instal

-

625

36,327

61,274

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

625

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.26

31.3.25

£

£

Within one year

12,000

12,000

Between one and five years

17,000

29,000

29,000

41,000

10.	RELATED PARTY DISCLOSURES

Included within other debtors is a loan owing from a company under the common control of the directors. The amount owing at the balance sheet date is £55,340 (2024: £57,740). The loan is non interest bearing and repayable on demand.

11.	ULTIMATE CONTROLLING PARTY

The company is under the joint control of it's directors.